Greater Chicopee Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 342,195 | 217,507 | 124,688 | 7.8 | 33% |
| 2021 | 297,778 | 284,405 | 13,373 | 6.6 | 28% |
| 2022 | 391,565 | 392,979 | −1,414 | 4.7 | 22% |
| 2023 | 231,240 | 201,298 | 29,942 | 11.0 | 38% |
In its most recent public year (2023), this organization brought in $29,942 more than it spent. Its reserves stood at about 11 months of spending, up from 7.8 in 2020. Staff pay was 38% of spending. $10,645 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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